Caliber hopes to go public one of these days, while Freedom presently has no desire to test the IPO waters.

In a 12-page fact sheet on the announcement, the regulator notes the final rule is “similar in key respects to the proposed rule, with certain enhancements and other changes made in response to comments.”

The estimated $822 billion of conventional-conforming lending set a quarterly record and represented 72.1% of the huge third-quarter wave of mortgage originations.

Attorney Jan Keas: “I think a logical question you always want to ask about social media activity is why are you doing what you are doing..."

The list of nonbanks involved in Ginnie buyouts is beginning to grow...

George Mangiaracina: “Without getting into specifics ... margins are 50% better in GSE than they are non-QM.”

While early-payment default rates showed bigger declines, the rate for loans in the most serious delinquency categories remained relatively high. Across all three agencies, 2.92% of loans were four months or more past due, down slightly from the previous month.

When nonbanks thrive that can only mean good things for warehouse providers...

Fitch also revealed that Provident received a $20 million equity infusion from an affiliated entity in March. Craig Pica, Provident’s CEO, and members of his family, own a majority stake in the lender.